Kalamazoo Christian School Association
Analysis
Kalamazoo Christian School Association is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Kalamazoo Christian School Association reported income of $10.0m and spending of $10.3m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $9.3m to $10.0m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to August 2021, when income rose by 20%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kalamazoo Christian School Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Southwestern Christian College ($10.0m), Valley Life Charter Schools ($10.0m) and Queen City Academy Charter School Inc ($10.0m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $143k (1.4% of expenses). Other salaries and wages came to $5.0m. It paid $20k in professional fundraising fees. At year end it held assets of $18.1m against liabilities of $2.0m, net assets of $16.1m. It reported 238 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 82%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Southwestern Christian College | Terrell | $10.0m |
| Valley Life Charter Schools | Visalia | $10.0m |
| Queen City Academy Charter School Inc | Plainfield | $10.0m |
| The Newman School | Boston | $10.1m |